3DP MODELLING AS: årsregnskap 2010 vs 2009
Shrank 19% on revenue, slipped into loss
approved 2011-06-30; registry 2011-08-11; journal 2011 570956
Summary
What changed
Comparing Årsregnskap 2010 with 2009 for 3DP MODELLING AS. Revenue 907.0k NOK → 735.4k NOK (-18.9%). Net result +124.6k NOK → -32.1k NOK. Equity -82.1k NOK → -114.2k NOK.
On the constructive side: payroll decreased. Pressures included: revenue fell; operating result weakened; fell into a net loss.
Also worth watching: thin equity buffer; paid-in equity reduced; cogs fell. All figures are taken from the published annual accounts for 3DP MODELLING AS.
At a glance
Scorecard
What improved
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↑
Payroll decreased
Salary cost 91.1k NOK → 63.1k NOK (10% → 9% of revenue). Calculated
What deteriorated
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↓
Revenue fell
Operating income / revenue moved from 907.0k NOK to 735.4k NOK (-18.9% YoY). Calculated
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↓
Operating result weakened
Operating result +126.4k NOK → -33.9k NOK (op. margin 13.9% → -4.6%). Calculated
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↓
Fell into a net loss
Net result flipped from 124.6k NOK profit to a loss of 32.1k NOK. Calculated
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↓
Equity eroded
Book equity -82.1k NOK → -114.2k NOK (equity ratio -14.3% → -19.2%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -19.2% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Paid-in equity reduced
Paid-in equity fell 156.0k NOK → 150.0k NOK — check capital reduction, conversion, or reclassification. Interpretation
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·
COGS fell
COGS / varekostnad 422.5k NOK → 349.1k NOK (-17.4% YoY). Calculated
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·
Book investments changed
Investment / intangible book value 28.3k NOK → 8 333 NOK. Reported fact